EVERCOMMERCE INC (EVCM) Stock Technical Analysis
NASDAQ:EVCM - Nasdaq - US29977X1054 - Common Stock - Currency: USD
Overall EVCM gets a technical rating of 5 out of 10. EVCM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
69% of all other stocks performed better in the past year than EVCM.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month EVCM has a been trading in the 9.40 - 10.56 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
EVCM is part of the Software industry. There are 282 other stocks in this industry, EVCM did better than 43% of them.
EVCM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVCM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EVCM has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.23
12.26
We found 2 important support areas.
- A support zone ranging from 9.86 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.32 to 9.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @10.60 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.01 to 11.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.14 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EVCM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVCM is up. |
| ChartMill Relative Strength | 31.61 | NEUTRAL | EVCM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVCM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVCM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EVCM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.02 | NEUTRAL | The RSI value for EVCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EVCM has a positive trend. |
| Stochastics (14,3) | 79.94 | NEUTRAL | The Stochastics value for EVCM is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for EVCM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for EVCM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
10.3
-0.12 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.15%
1 Week7.85%
2 Weeks4.89%
1 Month2.49%
3 Month1.78%
6 Month-7.62%
12 Month-6.19%
2 Year-13.01%
3 Year13.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3%
ATR Inc37.8%
Range Today0.39
ADR(20)0.3
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.61
Mansfield-0.88
10 Day High10.56
10 Day Low9.4
20 Day High10.56
20 Day Low9.4
52 Week High12.35
52 Week Low8.1
CS1 End10.11
CR1 Start10.6
Volume & EV
DER(3)-4.34%
DER(5)-6.39%
Volume1.03M
Volume Incr74.95%
Vol(5)373.04K
Vol(50)213.72K